OLD PARISH TRUST
The first obligation is to meet the outgoings and repair and maintain the homes owned by the charitiy. Up to one third of any remaining income may be distributed as grants for the advancement of education. The balance may be applied for relief of 'those in need' among the residents. Any residue may be used for the general benefit of parish inhabitants.
Financial health, per its FY2024 accounts
The accounts state that the charity incurred a surplus of £42,454 for the year ended 31 December 2024, with total funds carried forward amounting to £1,400,758. The trustees report that there are no material going concern uncertainties and that the reserves held are considered sufficient for the nature of the charity. The charity operates a defined contribution pension scheme and has no disclosed trading subsidiaries.
What the accounts disclose
“Investment income 28,917” — page 12
Trustees
- Rev David Michael Bentchair
- Claire Elizabeth Ann Glover
- DAVID PARTON
- David Gwinn
- Elaine Chilton
- MRS JOAN BARRETT
- Martin Thornton
- Paul Robert Dicks
- SUSAN MARGARET RHODES
- Stephen Kenneth Bocking
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £89k | £94k |
| 31/12/2023 | £83k | £77k |
| 31/12/2022 | £83k | £85k |
| 31/12/2021 | £69k | £84k |
| 31/12/2020 | £65k | £71k |
Common questions
Is OLD PARISH TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity incurred a surplus of £42,454 for the year ended 31 December 2024, with total funds carried forward amounting to £1,400,758. The trustees report that there are no material going concern uncertainties and that the reserves held are considered sufficient for the nature of the charity. The charity operates a defined contribution pension scheme and has no disclosed trading subsidiaries. Its FY2024 accounts were independently examined.